This article provides a comprehensive analysis of the theoretical, methodological, and institutional aspects of implementing a mass property valuation system in the Republic of Uzbekistan. The study substantiates the limitations of traditional cadastral valuation methods in an economy based on market mechanisms and reveals the necessity of introducing a transparent and automated mass valuation system aligned with international best practices. The paper presents a comparative analysis of individual and mass valuation approaches, highlighting their role in tax base formation and functional differences. The advantages of using GIS technologies, mathematical and statistical models, large-scale data (Big Data), and multiplicative valuation models in the mass valuation process are demonstrated. In addition, ongoing reforms, the regulatory and legal framework, institutional structures, and step-by-step implementation mechanisms of the valuation system are analyzed. The research findings contribute to fair and economically justified property tax assessment, stabilization of budget revenues, and increased transparency in the real estate market.

This article examines the fundamental role of property valuation in the taxation process. A detailed analysis of the methods and approaches used to determine the value of real estate objects, which form the basis for tax calculations, is presented. The differences between individual and mass valuation, their application depending on the volume and quality of information, and the impact of these approaches on the accuracy of tax obligations are discussed.

The study also explores challenges and perspectives associated with valuation methods and their application, emphasizing the importance of reliable and up-to-date information for ensuring the fairness and efficiency of the tax system. Special attention is paid to issues of tax system financing and the role of local budgets in this process. The research aims to improve the relationship between real estate valuation and tax regulation, as well as to identify potential ways to optimize processes for enhancing their transparency and fairness.

This article describes the peculiarities and differences of initial and fair value valuation of investment real estate, cases of transfer or exclusion of investment real estate used for personal needs. The article also considers changes in the structure of investment real estate, changes in its use and its impact on profits and losses.The processes of transfer of real estate from reserves to investment real estate and transfer of investment real estate to other types of property are presented in the accounting accounts, practical examples of enterprises developing their basic accounting documents. In addition, the article describes the procedure for accounting the difference between the balance value and the fair value of investment real estate used for personal needs. The procedures for opening and applying these accounting procedures are presented in accordance with international accounting standards

This article examines the role of appraisal organizations in the appraisal of real estate appraisal reports, the main types of appraisals related to real estate, and the presentation of appraisal conclusions in accordance with the requirements of the national property appraisal standard. At the same time, the current state of real estate appraisal reports in Uzbekistan was analyzed and the quality of appraisal reports was assessed. A scientific proposal and practical recommendations for improving the real estate appraisal report were formulated.

The article discusses the valuation of real estate oбjects for accounting purposes. The methods of valuation of real estate oбjects are shown using international financial reporting standards.

The article examines international experience in the formation and functioning of mass appraisal systems using the examples of selected countries. The selected countries include the United States and Sweden, where mass appraisal systems have been successfully operating for several decades, as well as Lithuania and Slovenia, where mass appraisal systems were introduced relatively recently, at the beginning of the 21st century. A comparative analysis and generalization of the main aspects of mass appraisal systems in the selected countries are conducted. In particular, the article addresses legislative regulation of mass appraisal, management of the mass appraisal process (in terms of the distribution of functions and powers among key stakeholders), consideration and analysis of input data related to the economic and physical-technical characteristics of real estate objects, as well as the application of valuation approaches and methods in the appraisal of specific types of real estate.

In this article, the economic importance of real estate, the fact that real estate taxation increases the competitiveness of property and has an important place in determining the tax base, are developed based on the analysis, and relevant recommendations are developed.

This article summarizes the legal framework, objectives and stages of property valuation. After the independence of the Republic of Uzbekistan, the field of assessment began to develop in our country, and at the same time its legal framework was also updated and improved. Laws Relating specifically to assessment activities are studied into two groups, General and private laws. The main document regulating the assessment activity is the law “on assessment”, the decision “on measures to further develop the market of assessment services”of June 1, 2018 PQ-3764 on the development of this activity, and the decisions “PQ-4381” of July 1, 2019 on further improvement of assessment activities and measures to simplify the mechanisms for the sale of enterprises with low.

The article covers the issues of real estate valuation and accounting in the context of the digital economy. Directions for improving the accounting of real estate objects based on international standards of financial reporting are indicated.

This article examines the key policy decisions related to the tax base and rates of real estate tax, as well as the important tax administration functions–valuation, calculation, and collection. It also focuses on reforming both the traditional annual property tax (levied on the assessed value of buildings and land plots) and transaction taxes (collected as a tax or state fee [stamp duty] upon the transfer of real estate ownership). The article provides proposals and recommendations for successfully implementing real estate tax reforms and improving tax administration. Based on the analysis of scholarly literature and international experience, detailed recommendations are offered on the practical aspects of reforming real estate taxes in Uzbekistan.